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Forbo ensures periodic and comprehensive communication with shareholders, the capital markets, media and the public by reporting on business developments and activities of relevance to the company.

Shareholders receive summary reports on the financial year and Half-Year Reports. The Half-Year Report is available in printed form and from our website, as are all other published documents. The Ordinary General Meeting is an additional information platform.

Here you will find all media releases for 2014

Within the framework of the fixed-price share buyback offer a total of 68,513 registered shares were tendered to Forbo. With the conclusion of the fixed-price buyback offer on September 1, 2014, suspension of trading on the second trading line is canceled.

The Forbo Group – a leading manufacturer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt solutions – reported net sales of CHF 603.0 million in the first half of 2014 (prior-year period: CHF 592.5 million). In local currencies, this represents strong organic growth of 5.0%. Forbo again reported a double-digit increase in operating profit (EBIT), which rose by 12.2% to CHF 65.3 million (prior-year period, restated: CHF 58.2 million). The EBIT margin also improved significantly to 10.8% (prior-year period, restated: 9.8%). Group profit from continuing operations amounted to CHF 53.6 million (prior-year period, restated: CHF 47.8 million), which is equivalent to a significant increase of 12.1%.

The Board of Directors of Forbo Holding Ltd is offering to repurchase maximum 107,500 of its registered shares (5% of the share capital) at a fixed price as part of the current share buyback program. The fixed price is CHF 900 per registered share. Trading on the second trading line has been suspended for the duration of the offer, i.e. from August 19, 2014 to September 1, 2014.

The shareholders of Forbo Holding Ltd approved all of the proposals submitted by the Board of Directors to the 86th Ordinary General Meeting by a wide majority. The payment from the capital contribution reserve of a dividend of CHF 14 per share will take place as of May 5, 2014. The dividend is exempt from withholding tax.

Forbo again performed well in a challenging and mixed market environment. After Group sales decreased slightly in the first half of the year, it increased again in the second six-month period to CHF 1,199.7 million (previous year: CHF 1,201.1 million), which is roughly the same as the previous year. This works out to a sales increase of 0.3% in local currencies but equates to a slight decrease of 0.1% in the corporate currency. After factoring out effects from accounting changes (restatements), operating profit (EBIT) rose by 12.7%, while Group profit from continuing operations showed a significant increase of 19.2%. After factoring in the restatements, EBIT came to CHF 135.7 million (previous year restated, without special items: CHF 126.1 million), and Group profit from continuing operations came to CHF 110.2 million (previous year restated, without special items: CHF 96.1 million).

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